Sofia Mercedes

Sofia Mercedes is 58 years old and she has a chair rental business. She has had this business for more than 9 years. She lives a house that is her own and the majority of her clients know the type of service that she provides. She is very happy with her business. She works every day from 7 in the morning until 9 at night. She has rental contracts for all types of events, such as graduations, funerals, piñata parties, weddings, and others. She dreams of improving her earnings every day to have a better quality of life. This loan will be used to purchase a large number of plastic chairs.

Additional Information

Fundación Leon 2000

This loan is administered by Fundación Leon 2000. Fundación Leon 2000 began operations in 1993 as the first microfinance institution to serve the western part of Nicaragua, a country which continues to be one of the poorest in the western hemisphere. Fundación Leon 2000 works to further the development of micro, small, and medium enterprises through credit services and management, applying the best credit industry practices and technical expertise. Additionally, Fundación Leon manages several business and financial education programs in the community, specifically for young entrepreneurs and at-risk youth. Fundación Leon 2000’s group of experienced and dedicated employees works in 7 offices in Leon, Chinandega, Chichigalpa, Somotillo, Jinotepe, El Sauce, and Nagarote and serves several thousand clients (the majority of whom are women).